Energy prices? Fiala revealed what will happen if no agreement is reached within the EU

On Friday, an extraordinary European Council for Energy is being held, which was convened in Brussels by the Czech Republic as the country holding the EU presidency. “On Friday, we will see what we can achieve at the European level. This will be followed by the presentation of a national solution that will supplement or replace the European one,” said the Prime Minister.

Fiala communicates with the prime ministers of other countries about the situation. “I find more and more support for reaching a European solution, which was not here a month ago. The situation in Europe is moving significantly also thanks to our activities,” he said, adding that according to the agreement at the European level, the Czechia will choose the option of a national solution. “The goal is clear, so that citizens and companies have enough energy at affordable prices,” said Fiala.

Minister of Industry and Trade Jozef Síkela (for STAN) said today that the European Council will deal with two proposals. One envisages separating the price of gas from the price of the final power plant, which determines electricity prices. The second proposal wants to establish maximum prices for all other electricity productions except gas. At the same time, according to Síkela, the Czech Republic is continuing negotiations on solving the energy crisis at the national level.

Fiala said that he has created a coordination group at the Government Office that deals with proposals to solve high energy prices. The server, referring to the government spokesman, stated that the team includes consulting companies Ernst & Young, KPMG and McKinsey, as well as energy suppliers and producers. The Government Office will pay Ernst & Young 301,895 crowns including tax for the processing of the analysis, which is to be completed by September 10, the server said.

“Of course, we need to be as sure as possible that the measures we take will have the right impact. That is why we have also asked renowned foreign companies to prepare an analysis for us, which will show whether the planned measures will really fulfill the goals we expect from them. We will inform the public about the details,” said Fiala.

He rejected criticism from the opposition that the government was coming late with a solution. According to him, criticism is based on ignorance of the matter. “The whole of Europe has started to face catastrophic energy prices in the last fortnight, completely defying common sense and analysts’ expectations,” he said. According to him, the government did not sleep on the work on solutions that would bring reasonable energy and gas prices. “But we’re dealing with skyrocketing (prices) now, we’re dealing with a market failure. Here we have to act in the order of days, and we also act in the order of days,” he said.

Former economy minister Karel Havlíček (ANO) on Twitter called the government’s actions in solving energy prices a “Colombian soap opera, a government parody, an economic Waterloo and an energy farce.” “The Minister of Industry gave up on solving energy prices in the form of capping, he didn’t solve it until the end of August, and now he is hastily trying to figure out how to get out of it,” said Havlíček.

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  • deputy chairman of PS PČR

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The article is in Czech

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